JLL Partners to acquire Heads Up Technologies from Luther King Capital Management.

JLL Partners acquired Heads Up Technologies, a portfolio company of affiliates of Luther King Capital Management. Financial terms were not disclosed. Heads Up designs, engineers and manufactures complex, proprietary cockpit, cabin and aircraft electrical components and systems to the business and commercial aviation markets. Heads Up has established itself as a trusted partner in the business aviation segment through longstanding relationships with leading OEMs. "Our customers and employees will both benefit as JLL and Heads Up combine to create new and innovative solutions for the business and commercial aviation markets. Mesirow Financial's advice throughout the process resulted in a successful outcome for all parties involved." Rob Harshaw, president and CEO of Heads Up.